India Automotive PCB Market Size
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The Indian automotive PCB market was worth USD 316.90 million in 2024 estimates the market to grow to USD 522.88 million during 2033, at a CAGR of 5.72% during 2025-2033. This growth is due to higher adoption of ADAS technologies in Indian cars.
India automotive PCB market is projected to witness a strong CAGR throughout the forecast period .Major factors driving the growth of the market include rising disposable income, the booming automotive industry, and the increasing vehicle electrification trend. A printed circuit board (PCB) is a base board for physically holding and wiring the components in most of the electrical applications. It is applied in a number of automotive uses, such as power replays, anti-clock braking systems, digital displays, vehicle radars, ECU control modules, transmission sensors, and stereo audio components. The market is also driven because of the increasing concerns towards the increasing rate of carbon emissions from Ice engine vehicles. To prevent this, the Indian government is also implementing strict policies. For example, India's government has set a goal to have 100 percent electric vehicles in India by the year 2030. These policies are expected to enhance the demand for PCBs. Other than this, because of the booming economy and increasing purchasing power of the consumer, the demand for luxury cars is also spreading like wildfire. High-end vehicles need to employ a set of PCBs as these automobiles contain sophisticated electronic systems that enable the end customers to enjoy higher levels of comfort, convenience, and safety.
Besides this, several market players are using flexi-rigid, HDI type of printed circuit board for various applications due to their ability to withstand high temperatures and vibrations. Furthermore, major market players are also taking an active step by launching new products and implementing new strategies to expand their business all over the country.
The Indian automotive PCB market is bifurcated on the type, level of autonomous driving, application, type of fuel, competitive landscape, and regional segmentation. On the basis of the type, the market is categorized into single-sided PCB, double-sided PCB, and multi-layer PCB. Among them, the multi-layer segment is expected to capture a huge market share during the forecasted period. Multi-layer PCB provides double transmission and is around 50 layers thick, which is perfect for a wide variety of complex electrical functions. Based on level of autonomous driving, the market is segmented into autonomous vehicles, conventional vehicles, and semi-autonomous vehicles. Based on application, the market is segregated into body, comfort & vehicle lighting, powertrain components, infotainment components, and ADAS & basic safety. Segmented by fuel type, the market is shared by ICEs, BEV's and HEVs. The market analysis also analyzes the regional segmentation to formulate regional market segmentation, segmented between North, South East, and West.
Key Trends and Drivers
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Electrification
The growing adoption of electric and hybrid vehicles is driving the demand for PCBs, particularly HDI and flex PCBs for powertrain and other systems.
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Technological Advancements
The increasing complexity of vehicle electronics and the demand for advanced features like ADAS are fueling the demand for high-performance PCBs.
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Miniaturization
The trend towards miniaturization in automotive components is driving the demand for lightweight and flexible PCBs like HDI and flex PCBs.
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Connectivity and IoT
The integration of IoT and connectivity features in vehicles is increasing the need for reliable and robust PCBs to handle the data transmission and processing requirements.
Market Segmentation
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The India automotive PCB market is segmented by type, application, vehicle type, fuel type, and level of autonomous driving. Key segments include single-sided, double-sided, and multi-layer PCBs. Applications range from body and comfort components to infotainment and ADAS. Vehicle types are categorized into passenger and commercial vehicles. Fuel types include ICE, BEV, and HEV. The level of autonomous driving is segmented into autonomous, semi-autonomous, and conventional.
Elaboration
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Type
The market is segmented by the type of PCB, with multi-layer PCBs currently dominating due to their ability to handle complex electrical tasks and the increasing adoption of multi-layer boards for advanced electronics in vehicles. Other PCB types include single-sided, double-sided, HDI, and flex PCBs.
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Application
The market is further segmented by the application of PCBs in various automotive components, such as body, comfort & vehicle lighting, powertrain, infotainment, and ADAS/basic safety systems. Infotainment components are a significant growth area due to the increasing demand for advanced in-vehicle connectivity and smart dashboards.
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Vehicle Type
The market is also segmented by vehicle type, with passenger vehicles currently dominating the market, but commercial vehicles are expected to see significant growth.
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Fuel Type
The segmentation also considers the fuel type of vehicles, with ICE (Internal Combustion Engine), BEV (Battery Electric Vehicle), and HEV (Hybrid Electric Vehicle) being the main categories.
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Level of Autonomous Driving
The market is divided based on the level of automation in vehicles, including autonomous, semi-autonomous, and conventional vehicles.
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Regional Segmentation
The market is also analyzed by geographical regions in India, such as North, South, East, and West.
Key Players
Amitron,
CMK,
Unimicron Technology,
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Attribute |
Details |
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Base Year |
2022 |
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Historic Data |
2018 – 2021 |
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Estimated Year |
2023 |
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Forecast Period |
2024 – 2028 |
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Quantitative Units |
Revenue in USD Million, Volume in Units, CAGR for 2018-2022 and 2023-2028 |
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Report coverage |
Revenue Forecast, Volume Forecast, Company Share, Competitive Landscape, Growth Factors, And Trends |
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Segments covered |
· Type · Level of Autonomous Driving · Application · Fuel Type |
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Country scope |
North, East, West, South |
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Key companies profiled |
Samsung Electro-Mechanics, Delphi, Chin Poon Industrial, Daeduck Electronics, Nippon Mektron, Amitron, CMK, Unimicron Technology, Meiko Electronics, KCE Electronics |
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Customization scope |
10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
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Pricing and purchase options |
Avail customized purchase options to meet your exact research needs. Explore purchase options |
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Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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